Chase offers several loan types, and which one you can get depends on what you need the money for and your credit history

Chase makes personal loans, auto loans, home equity loans, mortgages, and business loans. Each has different requirements and takes a different amount of time to process. The fastest path is usually a personal loan if you have decent credit, which Chase can approve in days. If you own a home, a home equity line of credit (HELOC) or home equity loan may offer lower rates. Auto loans are straightforward if you're buying a car through Chase or refinancing one you already own.

The first step is to figure out which loan type matches what you need. Then you'll need to gather documents — proof of income, bank statements, and details about any debts you carry. Chase will pull your credit report, so knowing your score beforehand helps you understand what rate you might get. You can start the process online, by phone, or in person at a branch.

Key Takeaways

  • Chase personal loans range from $500 to $35,000 and can be approved within days if you have good credit and stable income.
  • You'll need to provide recent pay stubs or tax returns, bank statements, and permission for Chase to check your credit report.
  • Home equity loans and HELOCs typically offer lower interest rates than personal loans but require you to own your home and have built equity.
  • Auto loans through Chase can be approved quickly if you're buying from a dealer or refinancing an existing car loan.
  • The entire process from application to funding usually takes one to three weeks, depending on the loan type and how fast you return documents.

Personal loans: the fastest option if you have decent credit

A Chase personal loan is unsecured, meaning you don't have to put up collateral like a house or car. Chase lends between $500 and $35,000. The interest rate depends on your credit score, income, and debt-to-income ratio — the higher your score and the lower your existing debts, the better your rate. You can use the money for almost anything: medical bills, home repairs, debt consolidation, or a vacation.

To apply, you'll need a government ID, proof of income (recent pay stubs or tax returns), and permission to check your credit. Chase will ask about your employment, monthly income, and existing debts. If you're approved, the money usually hits your bank account within one to three business days. The loan term ranges from 24 to 84 months, so you can choose a shorter payoff period if you want to pay less interest, or a longer one if you need a lower monthly payment.

Chase also offers a prequalification tool on their website where you can see estimated rates without a hard credit pull. This is useful if you want to shop around before committing to an application.

Home equity loans and HELOCs: lower rates if you own your home

If you own a home and have built equity — the difference between what your home is worth and what you owe on the mortgage — Chase will lend against that equity at a lower rate than a personal loan. A home equity loan is a lump sum you receive upfront and repay over a fixed term, usually 5 to 20 years. A HELOC (home equity line of credit) works more like a credit card: you draw money as you need it during a "draw period," usually 10 years, then repay it over another 10 to 20 years.

Chase typically lends up to 80 or 85 percent of your home's value minus what you owe on your mortgage. So if your home is worth $300,000 and you owe $200,000, you have $100,000 in equity, and Chase might lend you up to $80,000 of that. The application requires a home appraisal, which costs $300 to $500 and takes one to two weeks. You'll also need proof of income, bank statements, and a credit check.

The advantage is a lower interest rate — often 1 to 3 percentage points below a personal loan. The risk is that your home is collateral; if you don't repay, Chase can foreclose. The full process from application to funding usually takes three to six weeks because of the appraisal.

Auto loans: straightforward if you're buying or refinancing a car

Chase auto loans are available if you're buying a new or used car from a dealer, or if you want to refinance a car loan you already have with another lender. Loan amounts range from $10,000 to $100,000, and terms run from 24 to 84 months. Interest rates depend on your credit score, the age and mileage of the car, and the loan term.

If you're buying from a dealer, the dealer can often submit your application to Chase directly, and you may get approved before you leave the lot. If you're refinancing, you apply online or at a branch, and Chase pays off your old loan and sends you the new loan documents. The car itself is the collateral, so if you don't pay, Chase can repossess it.

You'll need your driver's license, proof of income, and the vehicle identification number (VIN). If you're refinancing, have your current loan documents handy. Approval usually takes one to three business days, and funding happens within a week.

Mortgages: the longest process but the lowest rates

Chase mortgages are for buying a home or refinancing an existing mortgage. Loan amounts start at $50,000 and go much higher depending on the property and your income. Interest rates are lower than any other loan type because the home itself is collateral and the loan is spread over 15 or 30 years.

The application requires extensive documentation: two years of tax returns, recent pay stubs, bank statements, proof of assets, and a credit check. Chase will order an appraisal of the property, which costs $400 to $600. The underwriting process — where Chase verifies everything — typically takes two to four weeks. Closing, where you sign final documents and receive the funds, adds another week or two.

If you're refinancing an existing mortgage, the timeline is similar but you don't need to prove a down payment. Chase will evaluate whether refinancing makes sense based on current rates and your remaining loan balance.

Business loans: different requirements and longer approval

Chase offers business loans for small business owners and entrepreneurs. These include term loans (lump sums repaid over time), lines of credit (draw as needed), and equipment financing. Requirements vary widely depending on the loan size and your business type.

For a small business loan, Chase typically wants to see two years of business tax returns, personal tax returns, bank statements, and a business plan. If your business is new, they may ask for a personal may provide, meaning you're personally liable if the business can't repay. Approval can take four to eight weeks because business loans involve more underwriting than personal loans.

You can start the process at a Chase business banking center or online through their business portal. Having a relationship with Chase — a business checking account, for example — can speed things up.

What documents you'll need to gather before you apply

The exact documents depend on the loan type, but most Chase loans require the same core set. Have these ready before you start:

  • Government-issued ID (driver's license or passport)
  • Recent pay stubs (usually the last two months)
  • Tax returns (usually the last two years)
  • Bank statements (usually the last two months)
  • A list of your debts (credit cards, student loans, car loans, mortgage)
  • Permission for Chase to check your credit report (you give this when you apply)

For home equity loans and mortgages, add proof of homeownership (deed or mortgage statement) and a home appraisal. For auto loans, add the vehicle's VIN and mileage. For business loans, add business tax returns and a business plan.

Having these documents organized before you apply speeds up the process. Many people get stuck waiting for documents they could have gathered upfront, which can delay approval by a week or more.

How to apply: online, by phone, or in person

Chase lets you apply for most loans online through their website or mobile app. You fill out an application with your personal information, income, employment history, and debts. Chase pulls your credit report automatically. If you're prequalified or have a good credit score, you may get a decision within hours or a day.

You can also call Chase at 1-800-935-9935 to apply by phone, or visit a local Chase branch to apply in person. Applying in person can be useful if you have questions or a complicated financial situation, because you can talk to a loan officer directly.

After you apply, Chase will ask for the documents listed above. You can usually upload them through your online account or email them to the loan officer handling your application. Once Chase has everything, underwriting typically takes one to two weeks. You'll get a decision via email or phone, and if approved, the funds arrive within a few business days to a week.

Frequently Asked Questions

What credit score do I need to get a Chase loan?

Chase doesn't publish a minimum credit score, but personal loans typically go to people with scores of 600 or higher. Auto loans and mortgages may go lower depending on the down payment and other factors. The higher your score, the lower your interest rate. You can check your own credit score for free through many websites before you apply.

Can I get a Chase loan if I'm self-employed?

Yes, but you'll need to provide more documentation. Chase typically wants two years of business tax returns, personal tax returns, and business bank statements. Self-employed applicants sometimes face higher interest rates or stricter requirements because income can be less predictable than a W-2 job.

How long does it take to get the money after I'm approved?

For personal loans and auto loans, funding usually happens within one to three business days after approval. Home equity loans and mortgages take longer — typically one to two weeks after closing documents are signed — because of the appraisal and title work involved.

Can I pay off a Chase loan early without a penalty?

Chase personal loans, auto loans, and home equity loans have no prepayment penalty, so you can pay them off early without extra fees. Mortgages also have no prepayment penalty. Paying early saves you interest, though your monthly payment stays the same unless you refinance.

What if I'm denied for a Chase loan?

If you're denied, Chase will tell you why — usually low credit score, high debt-to-income ratio, or insufficient income. You can ask for reconsideration if your situation has changed, or you can work on improving your credit score and reapply in a few months. In the meantime, a co-signer with better credit may help you get approved.